Caledonia Mining Corporation Plc received notification from BlackRock, Inc. on May 23, 2024, regarding a relevant change in significant shareholder status. BlackRock, Inc. crossed a threshold for notification of a relevant change on May 22, 2024. The notification includes details of the change in voting rights and financial instruments held by BlackRock, Inc. The total positions of BlackRock, Inc. subject to the notification obligation show a resulting situation of 4.67% of voting rights held in the issuer, with 780,824 voting rights attached to shares and 0.61% of voting rights through financial instruments.
The notification also provides information on the person subject to the notification obligation, including the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entity. The notification further includes details of financial instruments held by BlackRock, Inc., such as securities lending and Contracts for Difference (CFD), along with the percentage of voting rights associated with each.
The announcement includes contact information for Caledonia Mining Corporation Plc and its brokers, as well as details for financial PR in the UK, North America, and Zimbabwe. The notification is in line with the TR-1 standard form for notification of major holdings. This update provides transparency regarding changes in significant shareholder status and voting rights within Caledonia Mining Corporation Plc, offering insight into the company's ownership structure and potential impact on corporate governance.